Johnson Controls Inc. has recently agreed to acquire Ireland-based Tyco International Plc in a $16.5 billion deal. Johnson Controls Inc. is a US maker of car batteries and heating and ventilation equipment, and by moving their headquarters to Cork, Ireland, they plan to carry out a tax-inversion. Their plans created some rumblings among the US…
Category Archives: Europe
Britain and Italy Speak about EU Reforms
Both Britain and Italy recently said, on Tuesday, that they agree that there needs to be a reform in the EU to protect the rights of the bloc’s non-euro zone members. They also want to promote business and tackle migration crisis issues. Before the referendum that is due by the end of 2017, Britain is…
The IFCJ Helps Those in Paris
Last week, following the coordinated terrorist attacks in Paris, the IFCJ (The International Fellowship of Christians and Jews) has pledged almost $90,000 to boost security at 25 synagogues and schools run by Chabad in Paris and Toulouse. The money will be used to hire additional guards and to install electronic security systems. As the IFCJ…
Osborne Traveling to Germany
British finance ministers will be traveling to Germany tomorrow to call for a strong EU that will work for the “benefit of all 28 member states.” George Osborne will outline ways that London’s financial services can be better protected. His government is looking to achieve reforms in the British relationship with the EU. He is…
EU Parliament Employment Committee Votes on New Legislation
Just last week, the European Parliament’s Employment Committee voted in favor of new legislation as part of the Christensen report on the EU Strategic Framework on Health and Safety at Work. Commenting on many of the new elements of the EP vote, UEAPME Secretary General Peter Faross said “UEAPME is very concerned about the EP’s…
Luxembourg Enhances Its Banking Options
Swiss banks, with Credit Suisse Group AG leading the pack, have been enhancing their operations in Luxembourg. As a result of the financial secrecy that made Switzerland’s offshore wealth center so appealing, and an impasse in Swiss-EU political relations, the banks are now turning their attention to Luxembourg. Among others, Pictet and Lombard Odier, Geneva’s…
More EU Students Coming to the UK
Interestingly, Ucas data shows that higher education providers in England have 20,430 EU learners from outside the UK. This is a 14% increase from the same point last year. This shows a significant acceleration, as the 2014-15 English universities EU recruitment was 8% higher than the year before that. As Nick Hillman, the director of…
Barack Obama Tells Britain: Stay in the EU
Barack Obama has recently warned that Britain will lose its influence if it leaves the EU. During an interview with the BBC broadcast on Thursday night, Obama said the EU “made the world safer and more prosperous” and he confirmed that American hopes that Britain will remain a member. As Obama said, “Having the UK…
Spain and Morocco Sign Joint Declaration
Spain and Morocco have recently signed a Joint Declaration and other agreements focused on judicial cooperation, tourism promotion, water resource management and care for women, children and pensioners. At the 11th Spain-Morocco High-Level Meeting at Moncloa Palace, the Spanish Prime Minister Mariano Rajoy and the Prime Minister of Morocco, Abdelilah Benkiran reviewed the partnership that…
Car Design Takes the High Road
With an extensive background in marketing in the motorsports and automotive industry, Dany Bahar of Ares Performance comes with an impressive CV for offering customers the opportunity to design their own cars. Bahar launched Ares Performance last year. Following his key executive roles at Ferrari and Lotus, Bahar set up his own firm in Italy…
